Westpac Altitude Credit Card – Rates and Fees

Information verified correct on December 10th, 2016

The award-winning Westpac Altitude credit card offers a 0% p.a. for 16 months on balance transfers and 1% p.a. for 12 months on purchases.

If you're after a credit card that rewards you with choice, then the Westpac Altitude card is worth considering. You'll have a choice of two lucrative rewards programs — the Altitude program or the Altitude Qantas — plus you'll earn rewards points with either program you choose. New cardholders have a range of benefits to take advantage of, like 0% p.a. for 16 months on balance transfers and a low purchase offer of 1% for 12 months.

Product NameWestpac Altitude Card
Rewards ProgramWestpac Altitude Rewards
Balance transfer rate (p.a.)0% p.a. for 16 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Purchase Rate (20.24% p.a.)
Balance Transfer Limit95% of available credit limit
Purchase rate (p.a.)1% p.a. for 12 months (reverts to 20.24% p.a.)
Offer end date30 January 2017
Annual fee$100 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 45 days on purchases
Cash advance rate (p.a.)20.74% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$1,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Minimum Monthly Repayment2% or $10, whichever is greater
Minimum Income$30,000
Card TypeAmerican Express/Visa
Late Payment Fee$9
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3.5% of transaction value
Complimentary Travel InsuranceNo
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationNo
Minimum Income$30,000
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$1,000
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Annual Fee$100 p.a.
Minimum Repayment2% or $10, whichever is greater
Late Payment Fee$9
Over Limit Fee$0
Cash Advance Fee2% of the value of the transaction or a minimum charge of $2.50
Overseas Emergency Replacement$0
Overseas ATM Balance check$5
Overseas ATM Withdrawal Fee$5
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3.5% of transaction value
Gambling Transactions AllowedYes
Gambling Transactions Interest RateCash Advance Rate
Additional Cardholder Fee$0 p.a.
Number of Additional Cardholders1
BPAYYes
ChequeYes
Direct DebitYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes

Pros

  • This card also comes with a balance transfer offer of 0% p.a. for 16 months.
  • Introductory interest rate offer of 1% p.a. for 12 months on purchases
  • This is a companion card which is both a MasterCard and an American Express linked to the one account. This lets you earn rewards more quickly.

Cons

  • This card only offers up to 45 days interest-free period when you make a purchase on this card.
Overall
The interest purchase rate of 20.24% p.a. is high compared to other cards with a comparable annual fee.
Rewards ProgramWestpac Altitude Rewards
Rewards Points per $ (VISA/MC)1
Rewards Points per $ (AMEX)2
Rewards Points per $ (VISA/MC) Cap5,000
Rewards Points per $ (AMEX) Cap5,000
Points ExpiryNever

Westpac Altitude credit card review

The Altitude Credit Card allows you to earn Altitude Points on purchases you make using your credit card. As your account comes with two credit cards linked to one account, you can use whichever card offers the highest bonus points on purchases at any time.

You'll automatically receive an American Express Card and a Visa Card that is linked to the same account, so you never have to worry about whether a retail outlet accepts your type of card.

Your cards are linked to the same account on the same credit limit, so you only ever receive one statement, yet you can benefit from accruing Altitude Points in plenty of ways.

You're able to redeem your Westpac Altitude Points for items such as gift cards for major retail outlets, electrical goods, home-wares, wine, travel, clothing, technology or financial products.

Benefits of the Westpac Altitude credit card

  • Introductory purchase rate offer. Westpac Altitude card customers can enjoy low interest purchasing with a 1% for 12 months introductory offer (reverts to the standard purchase rate of 20.24% p.a. after the promotional offer expires).
  • Balance transfer offer. Cardholders can benefit and manage their existing credit card debt with 0% p.a. for 16 months on balance transfers. This offer ends on 30 January 2017.
  • Dual card benefits. When you sign up for this card you will receive the Altitude American Express credit card and Altitude Visa credit card, allowing more points earnings and payment convenience.
  • Reward points earnings. Earn 2 points per dollar spent with your Altitude American Express Card. Earn 1 point per dollar spent with your Altitude Visa.

Features of the Westpac Altitude credit card

Your Altitude Points never expire, so save up your points for that special trip or anything else you want.

  • Annual fee. This credit card attracts an annual fee of $100.
  • Reward programs. You can choose to earn either Altitude Rewards Points or Qantas Points.
  • Competitive rates. The Westpac Altitude credit card offers competitive interest rates for purchases and balance transfers. When it comes to purchases, you have a low interest rate of 1% for 12 months and a rate of 0% p.a. on transferred balances for up to 16 months. At the end of the balance transfer period, any unpaid balance from a balance transfer promotion will be charged at the variable purchase rate of 20.24% p.a.
  • Points cap. Earn a maximum of 5,000 Altitude Points on total purchases posted to your account in each statement cycle. Bonus points do not count towards the points cap.
  • Two credit cards. Get two credit cards - the Altitude American Express® Card and the Altitude Visa Credit Card.
  • Reward points. Earn 2 points per dollar spent with your Altitude American Express Card. Earn 1 point per dollar spent with your Altitude Visa.
  • Bonus points on travel service. Earn bonus points with our personalised travel service - Altitude Travel.
  • Credit card protection. Optional - Credit Card Repayment Protection is available to Westpac Altitude credit cardholders.
  • Additional cardholder. Get 1 additional cardholder for $0.

How to apply for a Westpac Altitude credit card

You're able to submit your application online, but there are some information you'll need to have handy before you apply.

Application requirements

  • Full name and contact details, including email address. Remember, you'll need to provide a form of identification to your local Westpac branch to verify your full name and date of birth, so be sure you fill in these fields correctly.
  • You will need to be over 18 at the time of application.
  • You should be an Australian Citizen or permanent resident.
  • Westpac may also ask for your income details, which you'll need to verify by providing copies of your pay slips or tax returns, or your accountant's details if you're self-employed. You also need to fill in your employer's company name, address and contact details.

Once you've completed filling in the assets and liabilities section of the application, you're almost done.

Your information remains private and confidential via Westpac's secure online system, so there's never any worry about your information getting into the wrong hands.

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42 Responses to Westpac Altitude Credit Card – Rates and Fees

  1. Default Gravatar
    Adele | November 5, 2016

    Hi! I have a Westpac Altitude American Express card and a Westpac Altitude Visa card. Are frequent flyer points automatically transferred to my Qantas frequent flyer or do I need to transfer the earned points myself? If they are not automatically transferred, how do I do this? Thank you.

    • Staff
      Jason | November 5, 2016

      Hi Adele,

      Thank you for your inquiry.

      It seems that you cannot transfer your Altitude points to your Qantas Frequent Flyer program account however you can request to opt in to Altitude Qantas and switch from Altitude Rewards program to Altitude Qantas. Once you’ve switched to Altitude Qantas, your Altitude Card will no longer earn Altitude Points and will earn Qantas Points instead as if it were an Altitude Qantas Card.

      Please click this link for information on how to transfer your Westpac Altitude points to other frequent flyer programs.

      Cheers,
      Jason

  2. Default Gravatar
    Jack | August 28, 2016

    Temporary residents need to apply through migrant banking. Could u explain this T&C for me pls. Can full-time 573visa student apply for this card? What is requirement for to apply this card? How to apply through migrant banking?
    Thanks

    • Staff
      May | August 29, 2016

      Hi Jack,

      Thank you for your inquiry. Please note that you’ve come through to finder.com.au, not actually Westpac.

      Unfortunately, this Westpac Altitude Credit Card is only available for Australian citizens and permanent residents. I suggest that you contact Westpac’s Migrant Banking customer service team if you wish to apply for a Westpac credit card that is suitable to your current situation.

      Alternatively, you may like to read this article about credit cards available to temporary residents, which you may find useful.

      Cheers,
      May

  3. Default Gravatar
    RJ | July 26, 2016

    hi,

    I have an Altitude Platinum Visa Already, this is connected to all other Westpac accounts. if for example I transfer $5000 from my Credit card to my savings account, what would be the charges?

    • Staff
      May | July 28, 2016

      Hi RJ,

      Thanks for your inquiry.

      When you conduct a fund transfer from your credit card to a bank account, that is considered as a cash advance. Generally, a cash advance has fees and interest and will be charged to your account at the time you made the transaction. So for your Westpac Altitude Credit Card, you’ll be charged:

      Cash Advance Fee = 2% of the value of the transaction or a minimum charge of $2.50
      Cash advance interest rate = 20.74% p.a.

      Please feel free to read this article on what transactions are considered as cash advance.

      Cheers,
      May

  4. Default Gravatar
    janelle | July 22, 2016

    i am an existing customer , can i upgrade to this card from the 55 day platinum ?

    • Staff
      Anndy | July 22, 2016

      Hi Janelle,

      Thanks for your question.

      If you are an existing Westpac credit card holder and would like to change into another Westpac card, this is possible by visiting a local branch, signing an online form or by calling them. I’ve sent you an email with Westpac contact number and link to the online form.

      Cheers,
      Anndy

  5. Default Gravatar
    Sonya | May 25, 2016

    If I want to redeem my points as a credit card payment what are the points worth per dollar

    • Staff
      Anndy | May 25, 2016

      Hi Sonya,

      Thanks for your question.

      I’ve checked with Westpac and unfortunately, the cashback option to redeem Westpac points is no longer available. We have already updated our Westpac Altitude Credit Card page regarding this.

      Cheers,
      Anndy

  6. Default Gravatar
    Margaret | December 4, 2015

    What is the minimum income to get a Westpac credit card

    • Staff
      Sally | December 7, 2015

      Hi Margaret,

      Thanks for your question.

      The Westpac Credit Card doesn’t advertise a minimum income. Instead, the application approval will be based on a number of factors including the credit history and income you provide.

      If you’d like to discuss your likelihood of acceptance before applying, you would benefit from getting in touch with the Westpac customer service team directly.

      Cheers,

      Sally

  7. Default Gravatar
    Paul | November 12, 2015

    Hi ,

    If I have a cc with a bank can I get another cc with the same bank and use the balance transfer offer.

    Paul

    • Staff
      Sally | November 13, 2015

      Hi Paul,

      Thanks for your question.

      Whether you can complete the balance transfer will depend on a few things. For example, Westpac only accepts balance transfers from up to 3 non-Westpac Australian issued credit, charge or store cards. The debt you’re transferring can be a minimum of $200 up to 95% of your approved credit limit. To take advantage of the promotional balance transfer, you’ll need to apply before 17 January 2016. Make sure to read the terms and conditions to confirm that you’re eligible to apply before submitting your application.

      Cheers,

      Sally

  8. Default Gravatar
    terry | May 28, 2015

    How do I get flights from my points that I have earned?

    • Staff
      Jonathan | May 28, 2015

      Hi Terry, thanks for your inquiry!

      Please refer to the link I have sent to your email to redeem travel rewards with Westpac Altitude rewards points.

      Cheers,

      Jonathan

  9. Default Gravatar
    Vanessa | February 1, 2015

    Can I get a credit card on my age pension as I’m going overseas .

    • Staff
      Jonathan | February 2, 2015

      Hi Vanessa, thanks for your inquiry!

      Please see our guide on applying for a credit card service when receiving pension benefits on this page.

      I hope this helps!

      Cheers,

      Jonathan

  10. Default Gravatar
    Yvonne | November 11, 2014

    I currently have a Westpac Altitude Black credit card. When redeeming for flights i don’t feel you get a good deal. For example i had $350,000 altitude points and i couldn’t get a return flight to the UK. Other friends seem to get free flights with a lot less points. Does Westpac offer a credit card which offers good deals on redeeming points for flights?

    • Staff
      Elizabeth | November 12, 2014

      Hy Yvonne,

      Thanks for your question.

      Some Westpac credit cards give you a choice of rewards program – the Altitude rewards program or the Qantas Frequent Flyer program. You can compare Westpac credit cards on this page to see if a card that offers a choice of rewards programs might be better suited to your needs.

      I hope this has helped.

      Thanks,

      Elizabeth

Credit Cards Comparison

Rates last updated December 10th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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